Family Businesses Are Taxing

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Published: 24 July 2013

Taxation is getting more and more complicated, and failure to take into consideration all the variables is going to be more and more expensive. Make sure your leadership team takes a holistic approach to tax planning, and know all the factors. Some of these factors are:

Personal Tax

Corporate Tax

Existing or Potential Tax Controversies

Internal Issues | Transfer Pricing

Family Trust Management

Read "Family Businesses are Taxing", an article written by Carrie Hall of Ernst & Young and published to Forbes online. Carrie does a good job of introducing the need for holistic tax planning for small businesses, particularly family-owned small businesses.

Excerpt: "Are you expanding? Plotting investments? Sorting out financing and liquidity? Tax laws affect all of the above and factor heavily in strategic plans for family businesses in particular. Without careful consideration, the following tax factors could cause you to stumble..."

Looking for a top tax law attorney? Contact us and ask for a member of our Tax Law team.

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Rogers, Sheffield & Campbell, LLP primarily serves individuals, families and businesses up and down California's Central Coast and North Los Angeles County, including many Santa Barbara, San Luis Obispo, and Ventura County communities.